While rooting through the attic, you discover a box of old tax forms. You find that your grandmother made $125 working part-time during December 1964, when the CPI was 31.3. How much would you need to have earned in December 2015, when the CPI was 236.5, to have at least as much real income as your grandmother did in 1964

You own 2,200 shares of deltona hardware. the company has stated that it plans on issuing a dividend of $0.42 a share at the end of this year and then issuing a final liquidating dividend of $2.90 a share at the end of next year. your required rate of return on this security is 16 percent. ignoring taxes, what is the value of one share of this stock to you today?